Poker king: cards fell against Centro
For thousands of investors in Centro Property Group, news that the company’s best chance of salvation may sit at a poker table is far from heartening.
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Poker lingo:
- POT ODDS - The amount of money in the pot divided by the amount of money you must bet in order to call. Often used to determine if a pot offers enough reward to play on the come.
- HOOK - A Jack. So named because the "J" resembles a hook.
- DRAWING DEAD - A draw in which it is impossible to obtain a winning hand for any of a variety of reasons: an opponent's hand is better than whatever you are drawing to, the card(s) that make your hand are out of play, or (in Hold'em) give an opponent a stronger hand even if it makes yours. Frequently used in the past tense, since one rarely knows it at the time.
- OPEN-HANDED - A category of games characterized by a part of each player's hand being exposed.
- BOARD - The exposed cards in Hold'em and stud. Also BOARD CARDS.
- DRAW - [1] A class of poker games characterized by players being dealt 5 cards face-down and later having the opportunity to replace some of the original 5. "Draw poker" and "Five-card draw" are examples of usage. [2] In stud and Hold'em games, the set of cards that will be dealt later can be collectively called "the draw". [3] To discard some number of cards and have dealt an equal number of replacements.
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